This website uses cookies to improve services, analyse traffic to our site, deliver content and provide tailored ads. By using this site, you agree to this use. See our Cookie Policy.

Profit with Risk of Loss

‘Amr b. Shu‘aib reported on the authority of his father, who narrated on the authority of his father: The Messenger of Allah (Sall Allah-o-alaihe wa sallam) said: “The sale transaction of something which is not in your possession is not lawful, nor is the profit arising from something which does not involve liability.”

 


Get access to 100+ modules today and learn from expert trainers...


Source: Economic Teachings of Prophet Muhammad (peace be upon him): A Select Anthology of Hadith Literature on Economics, Muhammad Akram Khan. Republished with permission.